Describe the buyer credit procedure of providing loan to importer’ s bank on-len

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问题 Describe the buyer credit procedure of providing loan to importer’ s bank on-lending to the importer, in the order of the numbers given in the chart. Write your answer on the ANSWER SHEET.

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答案 ①Exporter’ s Bank and Importer’ s Bank conclude a general agreement of export credit. Importer’ s Bank requests and Exporter’ s Bank agrees to make available the Facility Line pursuant to the terms and conditions of the agreement.
②Exporter and Importer conclude a supply contract.
③Exporter and Importer made an application to Exporter’ s Bank and Importer’ s Bank respectively.
④Exporter’ s Band signs an individual loan agreement with Importer’ s Bank to finance the contract after they have accepted the applications, respectively.
⑤Exporter’ s Bank make an application for the individual loan agreement to government’ s export credit agency and the loan agreement comes into effect after the export credit agency has approved it.

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